Business And Commerce - Study Mode
[#341] Which is the first procedure for dealing at stock exchange?
Correct Answer
(B) Selection of broker
Explanation
Solution: Selection of broker is the first procedure for dealing at stock exchange.
[#342] The preference shares which cannot be converted into equity shares are __________ preference shares.
Correct Answer
(D) non-convertible
Explanation
Solution: The preference shares which cannot be converted into equity shares are non-convertible preference shares.
[#343] Fixed capital is also called as _________.
Correct Answer
(A) blocked capital
Explanation
Solution: Fixed capital is also called as blocked capital. Fixed capital includes the assets and capital investments—such as property, plant, and equipment (PP&E)—that are needed to start up and conduct business, even at a minimal stage.
[#344] Which shareholders are the real owners of the company?
Correct Answer
(A) Equity shareholders
Explanation
Solution: Equity shareholders are the real owners of the company. Equity shares represent the ownership of a company and capital raised by the issue of such shares is known as ownership capital or owner's funds. They are the foundation for the creation of a company.
[#345] The first organized stock exchange was set up in the year __________.
Correct Answer
(A) 1887
Explanation
Solution: The first organized stock exchange was set up in the year 1887. A number of stock brokers who geared up themselves, set up a voluntary organization in 1887.